Retail traders tell BI they’re capitalizing on market volatility driven by Trump. Increased retail trading activity has led to record inflows and high sentiment scores. Investors are divided, with some cautious due to uncertainty and others seeking opportunities. John Richardson, a 68-year-old retiree from Michigan, feels like there’s a lot of money to be made…
Traders sees the 10-year Treasury rate hitting 5% within five weeks, Bloomberg reported. Yields this high have historically triggered a stock sell-off. The rate has reached higher amid US debt fears and growing inflation concern under Trump. An options bet that puts the 10-year Treasury yield at 5% in the coming weeks is getting attention,…
Steppin is the latest app by Kayak’s cofounder, Paul English. The app limits phone use by encouraging users to clock steps to unlock screen time. I tried it out for a week, and I noticed it made a difference in my morning routine. For the past few years, I’ve set similar New Year’s resolutions to…
President Trump has amended his lawsuit against CBS, demanding $20 billion and again claiming the network deceptively edited a “60 Minutes” interview with former Vice President Kamala Harris in an effort to prop up her election chances. In the new court filing late Friday, Trump demanded twice the amount in damages than he originally requested….
Bond yields spiked after the January jobs report. While hiring in January was weaker than expected, other data indicates a strong labor market. Markets increased bets that the Fed will keep rates steady Bond yields shot up on Friday as markets took in the January jobs report. While the nonfarm payroll report showed employers added…
NEW YORK — U.S. stocks slumped Friday as worries flared again on Wall Street about tariffs and inflation. The Standard & Poor’s 500 fell 0.9% and erased what had been a modest gain for the week. It’s one of the worse drops for the index so far this year, but it remains near its record set two…
Interest rates could be in the perfect range for markets right now, Morgan Stanley’s CIO said. The Fed left interest rates unchanged following its January policy meeting. Inflationary pressures could mean that future rate cuts aren’t coming for a while, forecasters say. The Federal Reserve’s decision to keep interest rates level after its policy meeting…
Nvidia stock is trading below a key technical level after this week’s $600 billion rout. The decline comes amid investor concerns over DeepSeek, a new AI model from a Chinese startup. The next catalyst for Nvidia is likely to be its earnings report on February 26. Nvidia stock is on thin ice as it trades…
US government faces a “Fork in the road,” just as Twitter did when Musk bought the company in 2022. Musk’s Twitter job cuts were partly driven by the need to save money for big debt payments. US government debt has also soared, leaving annual interest payments over $1 trillion. President Donald Trump‘s administration has launched…
The S&P 500 (^GSPC) just capped its best first four trading days under a new president since Ronald Reagan’s first week in 1985. The week ahead will bring investors a deluge of news that will put that rally to the test. Earnings from more than 100 members of the S&P 500 — highlighted by results…